Purchase Executive
5 months ago
Job Title: Purchase Executive
Department: Purchase
Reporting To: Vice-President
Location: Marol Naka, Andheri East
Position Type: Full-Time
**About the organisation**
Advance Paints Pvt. Ltd. is a manufacturer of industrial, high performance and marine coatings. We are leading suppliers to Indian Navy and Indian Railways having been associated to them for over 3 decades. We have an extensive product range that has been specially developed for infrastructure projects, chemical zones, refineries and others.
**Role Purpose**
**Responsibility**
**Supplier Communication**:
- Engage with suppliers to obtain quotations, negotiate terms, and discuss product specifications.
- Maintain regular communication channels with suppliers to ensure smooth procurement processes.
**Quotation Management**:
- Evaluate quotations from various suppliers to determine the most cost-effective options while ensuring quality standards are met.
- Analyze pricing trends and market conditions to identify opportunities for cost savings.
**Purchase Order Preparation**:
- Prepare purchase orders accurately, including all relevant details such as quantities, specifications, delivery timelines, and terms of payment.
- Coordinate with internal stakeholders to confirm purchase requirements and obtain necessary approvals.
**Supplier Relationship Management**:
- Build and maintain strong relationships with suppliers based on trust, reliability, and mutual respect.
- Address any issues or concerns raised by suppliers promptly and work towards timely resolution.
**Inventory Management**:
- Collaborate with the inventory management team to ensure optimal stock levels are maintained based on demand forecasts and production schedules.
- Monitor inventory levels and track procurement activities to prevent stock outs and minimize excess inventory.
**Vendor Development**:
- Identify potential new vendors and evaluate their capabilities, reliability, and suitability to meet company requirements.
- Collaborate with cross-functional teams to on board new vendors and facilitate the qualification process.
- Work with vendors to develop and enhance their capabilities, processes, and performance to meet company standards and objectives.
**Skills Required**:
**Technical Skills**:
- Proficiency in Microsoft Office suite, particularly Excel, for data analysis and reporting.
- Familiarity with procurement software or ERP systems for purchase order management and inventory tracking.
- Strong understanding of procurement processes, including supplier selection, negotiation, and contract management.
**Behavioral Skills**:
- Excellent communication skills, both verbal and written, with the ability to effectively interact with suppliers and internal stakeholders.
- Strong negotiation skills to secure favorable terms and pricing agreements with suppliers.
- Detail-oriented approach with a focus on accuracy and precision in preparing purchase orders and analyzing quotations.
- Ability to work independently and manage multiple tasks simultaneously in a fast-paced environment.
- Problem-solving attitude with a proactive approach to resolving issues and optimizing procurement processes.
**Experience Required**
- Proven experience as a Purchase Executive or similar role, with a minimum of 2 years in procurement and supply chain management.
- Certification in procurement or supply chain management
**Mandatory Requirement**
- Must be a local from Mumbai and willing and able to commute to Marol Naka (Andheri East).
**Qualification**
- Bachelor's degree in Business Administration, Supply Chain Management, or a related field.
Pay: Up to ₹25,000.00 per month
**Benefits**:
- Provident Fund
Schedule:
- Day shift
**Education**:
- Bachelor's (required)
**Experience**:
- total work: 2 years (required)
**Language**:
- English (preferred)
Work Location: In person
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